Communication Evolution: How Federal Reserve Transparency Impacts Economy – Insights from Experts!
New York, NY – Central bank communication has become increasingly vital in recent years, with policymakers recognizing the importance of clear and effective messaging for the transmission of monetary policy to the public. Chairman of the Federal Reserve, Loretta Mester, emphasized the significance of communication in achieving the dual mandate of promoting maximum employment and price stability during a recent conference on the subject. In her address, Mester outlined the various communication channels used by …